2023-08-11T15:54:52-07:00 2022-12-31 261220728 DAREN B TANNER PC 1915 NE STUCKI AVE STE 290 Beaverton OR 97006 990 2022-01-01 916072220 CREDIT UNIONS IN THE STATE OF WASHINGTON DBA OLYMPIA CREDIT UNION CRED 3607545559 PO BOX 7549 OLYMPIA WA 98507 JANA AYRES CFO 2023-08-11 true JANA AYRES 999009999 true Daren Tanner P00234257 5033523255 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z TAMMY DOLES-ROBERTS PO BOX 7549 OLYMPIA WA 98507 2247464 false X WWW.OLYCU.ORG X 1965 WA THE CREDIT UNION GRANTED 3,968 LOANS TO MEMBERS IN 2022 AMOUNTING TO $26,999,025. 6 6 20 10 0 0 1869343 2036134 52743 74136 164894 137194 2086980 2247464 0 0 1038332 1108188 0 0 944729 891340 1983061 1999528 103919 247936 53301227 53803002 49274866 49528705 4026361 4274297 TO PROVIDE OUTSTANDING FINANCIAL SERVICES FOR ALL FAMILY MEMBERS. false false 1999528 2247464 THE CREDIT UNION PROVIDED LOW COST FINANCIAL SERVICES TO 3,731 MEMBERS INCLUDING LOANS, SAVINGS ACCOUNTS, DEBIT CARDS,CREDIT CARDS AND OTHER SERVICES. 1999528 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 569 0 true 20 true false false false false false false false false X 6 6 false false false false true true false true true false true true false true true false true false true true false X JANA AYRES 3607545559 202 9TH AVE SE OLYMPIA WA 98501 TAMMY DOLES-ROBERTS President & CEO 40.00 0.00 X 128162 0 4874 JANA AYRES CFO 40.00 0.00 X 90077 0 10785 PAULA VAUGHN VP LENDING 40.00 0.00 X 93418 0 3818 LARRY LUFKIN Chairman 2.00 0.00 X 0 0 0 KATHY BOOS Secretary 1.00 0.00 X 0 0 0 JODI PETERSEN Vice Chair 1.00 0.00 X 0 0 0 STEVE VESSEY Director 1.00 0.00 X 0 0 0 SHIRLEY LEGG Director 1.00 0.00 X 0 0 0 SHANA OLIVER Director 1.00 0.00 X 0 0 0 311657 19477 1 false false false 0 0 FEES AND CHARGES 522100 302071 302071 INTERCHANGE INCOME 522100 330227 330227 LOAN INTEREST 522100 1403836 1403836 2036134 74031 74031 0 0 15600 15600 15600 15600 105 105 105 105 0 0 0 SHARED BRANCHING & OTHER 522100 121594 121594 121594 2247464 2247464 0 0 0 0 331134 331134 0 602666 602666 14127 14127 83292 83292 76969 76969 0 0 0 0 0 0 0 19158 19158 112147 112147 181878 181878 0 115713 115713 0 0 15415 15415 44556 44556 0 19181 19181 0 INTERCHANGE EXPENSE 160544 160544 OTHER EXPENSES 61701 61701 CREDIT CARD PROGRAM 47225 47225 LOAN SERVICING 44605 44605 69217 69217 1999528 1999528 0 0 308357 335046 3486732 25627 0 9500 41476 0 0 28625002 37877922 0 91829 161163 1638495 1116960 529185 521535 19616000 14144000 0 45369 45369 0 589253 650864 53301227 53803002 134265 123053 49140601 49405652 49274866 49528705 X 4026361 4274297 4026361 4274297 53301227 53803002 247936 X false false false 122400 122400 1144865 768988 375877 371230 347972 23258 521535 MEMBER SHARES AND DEPOSITS 49405652 49405652 Form 990, Part VI, Section A, Line 1a THE BOARD DELEGATES CERTAIN OVERSIGHT RESPONSIBILITIES TO THE SUPERVISORY COMMITTEE. Form 990, Part VI, Section A, Line 6 PEOPLE LIVING, WORKING, OR ATTENDING SCHOOL IN WASHINGTON STATE ARE ELIGIBLE FOR MEMBERSHIP. Form 990, Part VI, Section B, Line 11b THE CFO REVIEWS FORM 990 PRIOR TO FILING. THE FILED FORM 990 IS SUBMITTED TO THE SUPERVISORY COMMITTEE F0R REVIEW. Form 990, Part VI, Section B, Line 15a THE CREDIT UNION USES COMPEASE SOFTWARE TO COMPILE COMPENSATION DATA ANNUALLY FROM SIMILAR FINANCIAL INSTITUTIONS. THE DATA IS REPORTED TO THE BOARD. THE BOARD DETERMINES COMPENSATION FOR THE CEO. THE CEO DETERMINES COMPENSATION FOR OTHER OFFICERS AND EMPLOYEES BASED ON THE COMPEASE REPORT. COMPENSATION EXPENSE IS BUILT INTO THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE MAIN BRANCH MONTHLY AND DISTRIBUTED AT THE ANNUAL MEETING.